1. North Carolina
  2. Newton
  3. 230 park Lane
$559,900

230 park Lane, Newton, NC 28658

  • 8 beds |
  • 8 baths |
  • 2,145 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $261/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Quadplex Opportunity in Newton, NC – Fully Rented! Fantastic investment opportunity with this well-maintained quadplex in Newton, NC. Each unit offers 2 bedrooms and 1.5 bathrooms, providing an ideal layout for tenants. Several units feature new flooring, and some have been recently painted, giving parts of the property a fresh, updated feel. The building features a durable brick exterior on the lower level and low-maintenance vinyl siding on the upper level. All four units are currently rented at $1,000 per month each, with strong rental history and professional management already in place through Must Have Real Estate. Additional highlights include: • Ample parking for tenants • Great location convenient to local amenities • Solid construction with upside potential • Opportunity to raise rents for increased cash flow Whether you’re a seasoned investor or just starting your portfolio, this fully occupied quadplex offers immediate income with room for future growth.

Listing Status:
Active
Listing Office:
EXP Realty LLC Mooresville : 888-584-9431
MLS ID:
4250486
  • Appliances: DishwasherOvenRefrigerator
  • Laundry: Laundry Closet
  • A/C: Heat Pump
  • Heating: Heat Pump

This listing courtesy of EXP Realty LLC Mooresville

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Newton Elementary School

306 W I St, Newton, NC, 28658

Grades KG-5

0.73 miles away

C

Conover Special Education

108 7th Street Pl SW, Conover, NC, 28613

Grades PK-12

3.83 miles away

N

Newton-Conover High School

338 W 15th St, Newton, NC, 28658

Grades 9-12

2.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.